USPS Ends Saturday Delivery (Will Start in August)

quote:The U.S. Postal Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion, the financially struggling agency says.

In an announcement scheduled for later Wednesday (Feb. 6), the service is expected to say the Saturday mail cutback would begin in August.

quote:Over the past several years, the Postal Service has advocated shifting to a five-day delivery schedule for mail and packages -- and it repeatedly but unsuccessfully appealed to Congress to approve the move. Though an independent agency, the service gets no tax dollars for its day-to-day operations but is subject to congressional control.

So the Quazi Private organization wants to cut back but Congress says no...

quote:So the Quazi Private organization wants to cut back but Congress says no...

Not only that, but Congress is the reason they are going under to begin with. The USPS was actually profitable until they were forced to pre-pay decades worth of pensions, something no private company would ever have to do.

quote:Not only that, but Congress is the reason they are going under to begin with. The USPS was actually profitable until they were forced to pre-pay decades worth of pensions, something no private company would ever have to do.

We have a thread on this on the PB. I mentioned this:

What really messed things up was Congress passing the Postal Accountabilty and Enhancement Act in 2006. This required the USPS to make 104 billion dollars in payment to prepay retirement funds to cover the next 75 years...and to do so in a 10 year span.